Bolivia–China relations

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People's Republic of China relations– Chile relations

China

Bolivia

Bolivia – People's Republic of China relations officially began on July 9, 1985.[1][2]

History[edit]

Since the establishment of diplomatic ties between China and Bolivia in 1985, relations have expanded from economic and cultural ties to military, transport, infrastructure, raw materials, education and other areas.[3]

The two countries recently celebrated 25th anniversary of diplomatic ties in Beijing, July 9, 2010.[4]

In August 2010, China and Bolivia agreed to continue to develop military ties and cooperation.[5]

Bilateral relations[edit]

Bilateral trade began from very low volumes at approximately $4 million.[2] This increase to over $27.76 million in 2002.[2]

China's exports to Bolivia includes hardware, machinery, light industrial goods, textiles and daily necessities.[2]

Bolivian exports to China were lumber and mineral ore. [2]

Bolivia has recently purchased US $300 million communication satellite from China and also a loan of 67 million dollars to upgrade infrastructure in the Oruro region.[6]

China Development Bank has also given $15 billion loan to the Bolivian government to develop El Mutun iron-ore deposit.[7] [8]

See also[edit]

Bibliography[edit]

References[edit]

External links[edit]